The Restoring American Mineral Security Act of 2025 aims to reduce U.S. dependence on China for critical minerals by establishing a trade alliance with allied nations and creating a federal trust fund to boost domestic production. Under the bill, member countries agree to impose matching tariffs on Chinese minerals, eliminate duties on each other's mineral shipments, and coordinate efforts against forced labor and transshipment schemes, while receiving duty-free access to U.S. markets for critical minerals and related products like batteries and permanent magnets. The legislation also creates a trust fund financed by tariffs on imported critical minerals, directing 60% of collected duties to the Department of Energy, 20% to the Department of Defense, and 20% to the International Development Finance Corporation for domestic mining projects and support for allied nations' mineral development. Additionally, the bill requires the U.S. Trade Representative to negotiate Alliance agreements (subject to congressional approval) and mandates annual congressional reports on these international mineral partnerships and periodic reviews of domestic production capacity.
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